With Competition High and Market Share Low, Is Nicefilm Really Nice?

The producer of popular web drama series and movies hopes its recent hits will create an audience for its Hong Kong IPO Key takeaways: Nicefilm Entertainment has filed for a Hong Kong listing even as its revenue growth is slowing sharply The company relies heavily on five major video platforms, which supply 95.7% of its revenue By Fai Pui Remember the love-hate relationship between the main characters in the hit online drama “Plot Love”? Or perhaps “The Flaming Heart,” a similar drama broadcast on online video giant Youku, was more…

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ZhongAn Subtly Touts Its Investment Chops Without Help of Big-Name Parent

Online insurer’s investment income has grown solidly even as it reduces its reliance on Ping An Insurance to manage its assets Key takeaways: ZhongAn Insurance says it renewed an asset management services agreement with Ping An Insurance, one of its three parents While the cap on fees ZhongAn can pay to Ping An annually was unchanged in the new agreement, the company hasn’t fully utilized the quota in recent years By Warren Yang As ZhongAn Online P&C Insurance Co. Ltd. (6060.HK) matures into a force in its own right, China’s…

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